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Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
england_n	world_n	year_n	yearly_a	19	3	8.6538	4	false

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ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A29543	An explanatory dialogue of a late treatise, intituled, A discourse on the late funds of the Million-act, Lottery-act, and Bank of England with proposals for supplying Their Majesties with money on easy terms, exempting the nobility, gentry, &c. from taxes, enlarging their yearly estates, and enriching all the subjects in humbly offered to the consideration of the Lords and Commons in Parliament assembled by J. Briscoe.	Briscoe, John, fl. 1695.	1694 (1694)	Wing B4749; ESTC R19391	39,822	46

is no greater hinderance to the attaining true Knowledg than preconceived Notions which People retain as Maxims not to be receded from without so much as once examining into the Reason of such their Opinions and from thence ariseth the great Difficulty of reducing those Persons to Reason whose main Argument is I am certain it is so because it is so but my Comfort is I have to do with the Parliament of England who are Masters of Reason and if they shall approve of my Proposals I value not what the unthinking part of Mankind say of them Fr. But I will assure you I heard one of the Directors of the Bank say that those who are against the Bank are against the Government Ph. And probably he spake as he thought but this I assert That those who are for the Government 's paying Extortion and making their Majesties pay 100000 l. per annum for the same Sum which they may have for 36000 l. per annum that shall be for loading the Freehold Lands of England with Taxes and making the Subjects uneasy under them when they may be eased from nay even enriched by the Taxes do rather deserve that Character For my part I act not as an Enemy to the Bank nor to any Man living but as every true English Man ought to be I am sincerely zealous to promote the Welfare of their Majesties and of all the Subjects of England Fr. I believe what you say but I find People more scared than hurt for I cannot perceive how any Person can be a loser who shall take any of these Bills of Credit and therefore it is not unjust or unreasonable for the Parliament to enact that the Subjects shall take them Ph. I will give you only one Instance more and then I will leave any Man to judg of the Justness and Reasonableness of it You gave me a melancholy Account just now of your Friend who owes 10000 l. upon his Estate of 1000 l. per annum Now notwithstanding this poor Gentleman's calamitous Circumstances Do not the Parliament in effect say to him every time they grant a Land-Tax of 4 s. in the Pound Sir you must pay 200 l. this Year to their Majesties out of your Estate Do not the Parliament in effect say to him again when they grant a Poll-Tax You must pay 21 s. a Quarter for your own Head besides 12 d. a Quarter for each of your Childrens because you are worth 600 l. Do not the Parliament further say you must mount two Men upon able Horses and give them Month's Pay in their Pockets to go out with the Militia The poor Gertleman if it were permitted him to help himself by speaking might say Truly Gentlemen my Circumstances are such that if you knew them they would excite your Pity and Commiseration but if my Estate must bear such a Tax to be laid upon it it seems equitable and I hope you will think it just That he that receives 600 l. per annum of me out of my Estate might pay his Proportion of the Taxes for what he receives Now I say shall it be look'd upon reasonable and fit for the Supply of their Majesties to oblige a Gentleman in so distressed and deplorable a Condition to pay so much out of that little he has and shall it be thought unreasonable for the Parliament to enact that you must take a Bill of Credit for 5 10 20 50 or 100 l. which another must take from you in Payment and a third must take from him and for the Security whereof there is a Freehold Estate of as much or more than the value settled for the making it good to you and to all who shall receive it besides a Fund settled by Parliament for the Payment of it I dare appeal to any Man in the World if this be Sense or no and therefore I think I have fully answered and done with this Objection Fr. Then upon the whole I find you do not propose to have Money as the Bank of England have Ph. For my part I had rather be without Money than to have such clipp'd Money as we now have could we have Money of a due Weight and Standard I should like it well but else I know not why we should covet to have 50 Pounds worth of Silver for 100 l. but however those who are for a May-pole let them have it and the Commissioners will also have Money for those who have a mind to dirty their Fingers in telling it for suppose the Parliament settle a Fund for the Payment of an Annuity of 250000 l. per annum for 10 Years for two Millions of Money being 12 l. 10 s. per cent per annum will there not be 5000 l. per Week coming in supposing the Parliament ordered it to be paid in in specie to pay such that have a mind to have Money and if the Parliament please the Freeholders of England without one farthing of Money by the bare accruing Profits of their Bills of Credit over and above their yearly Estates may raise the most noble Bank in the whole World far exceeding the Banks of Amsterdam Venice and Genoua put them all in one as I am ready to demonstrate Fr. Nay without doubt it will be most extraordinary for first here will be the Freehold Lands of England or if you will England it self for a Fund here will be Parliamentary Funds for a collateral Security and here will be a Bank of Money raised by the accruing Profits so that those who take these Bills will have a most undoubted Security besides there will be Money for those who will have it The Management of it is proposed to be in Commissioners appointed by King Lords and Commons and Directors to be chose by the Freeholders of England and this Bank will furnish their Majesties for 3 l. per cent per annum Interest or for an Annuity of 6 l. 10 s. per cent per annum for 25 Years which is cheaper than any Prince in the World is served and that for as many Millions as shall be wanting and at the same time the yearly Estates of the Freeholders in England will be doubled In fine to recount all the Advantages that will arise to the Subjects of the Kingdom as well as to their Majesties by this proposed Method would be endless Ph. It will certainly make this Land the Paradise of the World for without doubt it will set all Hands at work and all Freeholders will be building repairing draining planting fencing c. and what I may add this proposed Method will prevent the Destruction of a great deal of Timber that is now cut down to make a Penny of Fr. Why now you put me in mind of it I did intend to have sold 500 l. worth of Timber off from my own Land this Year but now it shall stand and improve for my Son since I can have 500 l. upon my Estate for 50 s. per annum Ph. Well Sir without

AN Explanatory Dialogue Of a late Treatise intituled A Discourse on the late Funds of the Million-Act Lottery-Act and Bank of England With Proposals for Supplying their Majesties with Money on easy Terms Exempting the Nobility Gentry c. from Taxes enlarging their yearly Estates and enriching all the Subjects in the Kingdom Together with several Speeches to the Honourable the House of Commons by a Monied Man a Freeholder and a Merchant Humbly offered to the Consideration of the Lords and Commons in Parliament assembled By I. Briscoe O fortunatos nimium bona si sua nôrint Anglitanos London Printed in the Year M.DC.XCIV TO THE LORDS Spiritual and Temporal And COMMONS in Parliament assembled May it please your Honours BY my endeavouring to avoid one Inconvenience I am inform'd I am fall'n into a greater and that for fear of being too tedious I have made the latter part of my Treatise which I have presented to your Honours not so plain and intelligible as it might have been had I been more copious but I hope the ensuing Dialogue will clear up to your Honours all the obscure Places in my Book I herewith also present your Honours with an Idea of the various Circumstances of the several Subjects in the Kingdom and have brought in a monied Man a Freeholder and a Merchant delivering their Minds to the honourable the House of Commons But I hope your Honours will not blame me as guilty of Levity for my so doing for I was far from any such Temper when I writ it That Person must have an Adamantine Heart and be of a Diabolical Spirit who can take pleasure in contemplating on the most sad and calamitous Condition of the poor Freeholders and others in the several Parts of the Kingdom for the Destruction of Families and the utter Ruin of Gentlemen and their Estates is no laughing Matter nor is it pleasurable to think of the Miseries the Sighs and Groans of very many of our Fellow-Subjects who with their distressed Families are forcibly turned out of doors and deprived of their Freeholds neither is it matter of Pastime to consider how our Trade nay even the Nation it self is likely to be ruin'd in a few Years if the War should continue For my part I see nothing in this to excite our Laughter I have therefore brought the poor Freeholder c. delivering their Minds to the honourable the House of Commons as being the most lively and pathetical Representation of the deplorable Condition that very great numbers of the Subjects are under I have been told within these few days that there were about 160 Bills exhibited in the Court of Chancery this last Term to foreclose Gentlemen from the Equity of Redemption your Honours may quickly be satisfied whether it be so or no but I fear there is too much Truth in it And a Member of the Bank whom I discours'd with about it to mend the Matter told me it was for their non-payment of Interest that they were sued in Chancery admit i● be so does not this so much the more bespeak the great Distress and Poverty that is among the Freeholders of the Nation and does it not the more loudly call upon your Honours to give them some Ease under these their sore Pressures That honourable and most worthy Person who is to pronounce those fatal Words Let them be foreclosed without doubt will do it with no small reluctancy and altho virtute officii he may so no doubt but he will suspend for some time the rigorous execution of the Law in tenderness to the poor Freeholders but yet his Honour cannot help it sooner or later he must tho unwillingly pronounce his definitive and final Decree to the utter Ruin of the Freeholders and their Families It may be replied it is the Freeholder's own fault why does he not pay the Money he owes on his Estate why the Answer is ready All the Money is got into Hucksters hands and if I am not misinformed there is 5 or 600000 l. laid up safe in Mercers or Grocers-Hall ready for another Fund of perpetual Interest Whom therefore have the poor Freeholders to flee to but unto your Honours and pardon me if I say it is in your Power and in your Power only to help them and I hope your Honours will incline to help the Freeholders rather than to favour the monied Men of whom the greatest part in the Bank as I have been told are Foreigners But because notwithstanding all that hath been said by me some Persons will not be convinc'd that the Subjects ought to be obliged to take these proposed Bills of Credit for payment I shall state the Case to your Honours more fully than I may have yet done All Dealings between Man and Man in reference to buying and selling are nothing else but a Commutation or Exchange of one Commodity for another and Gold and Silver are likewise Commodities whether in Bullion or Coined and whosoever takes them to be otherwise are very much mistaken and for whatsoever any Person buys he ought to give the Seller an Equivalent or the Value agreed upon between them Now if I buy a Horse of any Man and I am by agreement to give 20 Bushels of Wheat for it or if I buy 20 Quarters of Oats and I agree to give an Acre of Land for them I do by delivering my Wheat or conveying my Land as actually pay the one for his Horse and the other for his Oats as if I paid them in Gold or Silver Now altho this manner of buying and selling or bartering one Commodity for another was formerly altogether in use yet by reason of the uncertainty of the Value or Goodness of the things bartered the Inconvenience of Carriage and Recarriage and some Goods being perishable and subject to decay it put Persons upon considering of some Commodity that might be most fit to serve for a Medium of Trade and Commerce and Gold and Silver were agreed upon for the Reasons following 1. Because the Value might be ascertain'd by their being brought to a certain Standard 2. Because they are portable and of easy conveyance 3. Gold and Silver may be divided into almost any equal Parts 4. They are capable of receiving any Signature that shall be thought fit to be impress'd upon them to shew their Value 5. They are less perishable than any other Commodities For the aforesaid Reasons and to prevent that Confusion that was generally occasion'd by exchanging other Commodities it was at last thought fit by common Consent to oblige every Man to accept of Gold and Silver in exchange for what was sold if tendred to them unless some previous Agreement was made to the contrary And hence it is that those two Commodities Gold and Silver came to be made the Medium of Trade and Commerce and in time obtain'd the Name of Money being divided into greater and smaller pieces distinguish'd by divers Marks or Stamps imprest upon them according to their several